Some Earnings Highlights

First, apologies for a short post today – a combination of an English paper being due with an accounting project while studying for exams in calculus and economics means one stressed out blogger. :D

Yesterday, Delta and United reported losses, though it appears that they weren’t as bad as feared. I’ve seen a good amount of buzz about Delta’s decision to start charging $50 for the second bag on international flights. At least it’s only a second bag fee, as I think charging for a first bag on an international flight is absurd. I agree with Ben, and I think we’ll have to see if the other carriers math.

Meanwhile, AirTran and Continental reported results today. AirTran reported net income of $28.7 million, and Continental recorded a loss of $136 million.

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